US EditionUganda’s Stolen Billions : The Shs 4 Trillion Oil Refinery Mirage: Uganda’s Crude Promise of Prosperity That Never Materialized » The Hoima Post
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Uganda’s Stolen Billions : The Shs 4 Trillion Oil Refinery Mirage: Uganda’s Crude Promise of Prosperity That Never Materialized » The Hoima Post
PROMISE: Uganda to refine its own oil by 2020.REALITY: Endless feasibility studies, workshops, inflated travels, ghost investors, and a gaping hole in public finances.AMOUNT LOST: Over Shs 4 trillion. In 2013, Ugandans were sold a dream—an audacious, transformative vision: that by the year 2020, the country would refine its own oil in a state-of-the-art refinery in Hoima. This dream, backed by top officials in government, was marketed as a natio…
·Uganda
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